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Regulation / Legislation News & Media

BREAKING: TRM sells U.K. photocopier business

June 5, 2006

PORTLAND, Ore. - TRM Corp. said May 19 that it expects to sell its photocopier business in the United Kingdom, TRM Copy Centres Ltd., to Digital 4 Convenience…

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Congress breathes new life into data-security concerns

May 30, 2006

The VA data-breach revelation has given rise to new concerns about data security at the Congressional level. As a result, the House Financial Services…

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MasterCard IPO comes in below price expectations

May 30, 2006

MasterCard began trading May 25 with a share price of $39, $1 to $4 lower than what was expected. But by the time the market closed Thursday, shares rang in at…

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ATM ISO hit for violating securities registration, anti-fraud provisions

May 25, 2006

Denver Business Journal: Colorado Securities Commissioner Fred Joseph has issued a cease-and-desist order against California-based One Source Financial Group…

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Regions, AmSouth expected to merge

May 24, 2006

Memphis Business Journal: Regions Financial Corp. and AmSouth Bancorp have agreed to merge, a move that will form one of the United States' largest holding…

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Cardpoint announces satisfactory results

May 22, 2006

ShareCast: United Kingdom-based independent ATM deployer Cardpoint released satisfactory financial results for first six months of the year. The company also…

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European Commission, central bank team to promote SEPA

May 18, 2006

Datamonitor: The European Commission and Europe's central bank announced that they are jointly supporting the single Euro payments area ideal. The move is…

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NCR's Joe Kniceley was a big guy with big ideas

by

May 17, 2006

Joe Kniceley's unexpected death last month cut short a life of contributions to the financial-services industry.

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Moscow fraudsters busted for draining U.S. accounts at ATMs

May 17, 2006

Pravda.Ru: A group of fraudsters who allegedly stole more than $500,000 from U.S. accounts at ATMs in Moscow have been arrested. Spokespeople for U.S.

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ABA supports improvement to transaction reporting

May 17, 2006

WASHINGTON - The American Bankers Association asked Congress to improve cash-transaction reports, or CTRs, by exempting "seasoned business customers" from the…

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Global Axcess sells 50% of South African subsidiary

May 17, 2006

PONTE VEDRA, Fla. - Global Axcess Corp. has sold 50 percent of its South African subsidiary, Cash Axcess Corp., to South African private investment firm…

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Diebold faces informal SEC inquiry

May 9, 2006

Reuters: Diebold Inc. said May 9 that the Securities and Exchange Commission has begun an informal inquiry into how the company recognizes revenue. SEC…

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Wachovia buys Golden West

May 9, 2006

Bobsguide: Wachovia Corp., the United States' fourth-largest bank, is expected to buy California's Golden West Financial Corp. in a deal worth an estimated $2…

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Australian central bank to set card-fees cap

May 8, 2006

Datamonitor: The Australian banking regulator is expected to impose a cap on interchange fees that it is estimated to cost the local payment-card industry $17…

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TRM reports losses

May 4, 2006

PORTLAND, Ore. - TRM Corp. announced losses for the first quarter of 2006.

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Four now suspected of playing role in New Zealand ATM-skimming scam

May 1, 2006

Stuff: New Zealand Police are now looking for at least four people in connection with ATM skimming incidents in Auckland, Australia and Canada. The thieves are…

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Police arrest fourth suspect in ATM heist

April 26, 2006

(Canton, Ohio) The Observer & Eccentric: A fourth suspect in the Canton ATM robbery, which involved locking an employee in an ATM, is awaiting preliminary…

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Wal-Mart bid causes rift between community banks

April 25, 2006

OVERLAND PARK, Kan. - Wal-Mart Stores Inc.'s application for a bank charter is quaking America's community banks, and the growing rift was evident April 2…

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Euronet's ATM-management jumps 23% in 1Q '06

April 25, 2006

LEAWOOD, Kan. - Euronet Worldwide Inc. reported increases in both revenue and net income for the first quarter of 2006, the result, the company said, of a 3…

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Banks fight Wal-Mart's application for bank charter

April 20, 2006

WASHINGTON - Wal-Mart Stores Inc. hopes to pacify growing resistance to its application for a bank charter by insisting it has no intention of offering retail…

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